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Corporate governance

OECD Trust in Business Initiative

 

Strengthening trust in the business ecosystem

The Trust in Business Initiative is the leading public-private sector platform for business conduct at the OECD and enables c-suite leaders globally to bolster trust and establish conditions of fair, sustainable and resilient economic development.

The initiative promotes coordinated action to encourage a trustworthy business ecosystem and delivers impact through:

  • Ensuring implementation of guidelines & standards

  • Capacity building solutions

  • Promoting partnerships and collaboration

  • Analytical work and leading insights into policy and business

As the global environment is shifting, trust is not only a strategic issue for business but a lever for growth that fosters long-term value creation, anti-corruption, compliance and responsible business conduct. 

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OECD and the Blue Dot Network

The Blue Dot Network aims to operationalise existing international standards to promote a shared vision of quality infrastructure investment that is open and inclusive, transparent, economically efficient, financially viable, resilient, and environmentally and socially sustainable. The OECD’s Trust in Business initiative, in cooperation with the governments of the United States, Australia and Japan, has been engaged to convene a multi-stakeholder network to inform the development of a global certification framework.

As countries look to promote a sustainable economic recovery in wake of the COVID-19 pandemic, the Blue Dot Network will assist governments in making trusted and well-informed infrastructure development decisions that take into account the long-term costs and benefits of proposed projects.

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The Blue Dot Network: A proposal for a global certification framework for quality infrastructure investment

 

OECD Infrastructure Anti-Corruption Toolbox

The OECD Infrastructure Anti-Corruption Toolbox (I ACT) seeks to build the capacity of stakeholders in developing and emerging economies to implement effective anti-corruption systems based on international standards, and to meet the requirements of global programmes for infrastructure investment, including the Blue Dot Network.

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OECD and the United States partner to reduce corruption risks in infrastructure investment

 

Trust in Business Network - TriBuNe

The Trust in Business Network (TriBuNe) is a global multi-stakeholder community of c-suite leaders from the private sector, government, academia and civil society committed to strengthening trust in the business ecosystem.

Members of the network represent major sectors worldwide and are committed to championing internationally recognised guidelines and standards

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Compliance without Borders

Compliance without Borders is a capacity-building project to strengthen trust and integrity in state-owned enterprises (SOEs). This OECD-Basel Institute on Governance project facilitates the secondment of compliance officers to SOEs to strengthen risk management systems and address corruption-related risks.

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Express your interest in engaging with Compliance without Borders

 

 

Events

Third meeting of the informal Executive Consultation Group, 21 March 2022

Blue Dot Network: High-level Panel on Catalysing Quality Infrastructure Investment to Build-Back-Better, 5 October 2021

Business Integrity Trends, Standards, and the Future of Compliance in a Post COVID-19 World, 24 March 2021

OECD Trust in Business Forum, 1-2 October 2019

 
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Publications

The Blue Dot Network

This document presents an evidence-based proposal for a credible, efficient, transparent and sustainable certification framework that can provide a basis for operationalising the Blue Dot Network. It synthesises more than a year of intensive research and multi-stakeholder consultations.

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Catalysing collective action to combat corruption in infrastructure

This policy paper focuses on collective action and multi-stakeholder non-judicial grievance mechanisms to support the detection, prevention and reporting of corruption. It highlights three mechanisms: the National Contact Points for Responsible Business Conduct, the High Level Reporting Mechanism, and the Integrity Pact.

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Towards a global certification framework for quality infrastructure investment

The report assesses the appetite of respondents for a global certification framework and considers how the Blue Dot Network could best support private participation in infrastructure investment in low and middle perceptions of the obstacles and risks.

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‌Strengthening trust in business

The 2019 OECD Business and Finance Outlook provides an assessment of factors that contributed to a deterioration of trust during the Global Financial Crisis; reviews recent developments that could contribute to a renewed erosion of trust; and, offers policy considerations to help strengthen public trust in business and finance.

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Youth Perspective: What Does Trust in Business Mean in a Post-COVID-19 World?

How do the youth of today define trust in business and what significance does it bear on our lives and our futures?

Victoria Bejarano, Mafhungo Nevhutalu and Sandra Omanhene are three young women who were born and raised on three different continents and have sought to find answers to this seemingly complex but essential question.

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OECD instruments and resources

RESPONSIBLE BUSINESS CONDUCT

OECD Guidelines for Multinational Enterprises

 

OECD Due Diligence Guidance

 

The Policy Framework for Investment (PFI)

 

OECD Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones


ANTI-BRIBERY

www.oecd.org/daf/anti-bribery/

 

 

OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions 

 

2009 Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions

  

 

CORPORATE GOVERNANCE AND ACCOUNTABILITY

www.oecd.org/corporate

 

G20/OECD Principles of Corporate Governance

 

OECD Guidelines on Corporate Governance of State-Owned Enterprises


Anti-corruption and Integrity Guidelines for State-Owned Enterprises

 

Corporate Governance and Business Integrity: a Stocktaking of Corporate Practices

 

Corporate Governance and the Financial Crisis

 

Accountability and Transparency: a Guide for State Ownership

 

Risk Management and Corporate Governance

 

Board Practices: Incentives and Governing Risks

 

Supervision and Enforcement in Corporate Governance

 

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